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You can use various tools and methods to track their performance, such as site visits, inspections, audits, reports, feedback, or surveys. You also need to establish key performance indicators (KPIs) and metrics to measure their performance against the contract specifications and the project objectives.
5 Metrics to Use in Contractor Performance Reviews 1 Check-In Compliance. 2 Response Time. 3 Work Order Completion Percentage. 4 First-Time Completion Percentage. 5 Location-Based KPIs. Evaluate Across the Work Order Life Cycle. Pay Attention to Trends. Use a Software Solution.
Using a standardized system to track and evaluate subcontractor performance will help both you and your subcontractors become more successful. In the long run, having an efficient, reliable subcontractor base will be your competitive advantage.
It allows you to ensure that the subcontractor you are working with is aligned with your companys values and goals for the project. Evaluating subcontractors is a critical step in the project management process and helps to ensure that the project is successful.
Eight of the most common benchmarks for evaluating subcontractors are: safety record; quality of work; performance; technical skills; proposed team members; execution plan; schedule; and. organization.
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4 Steps to Evaluate Subcontractor Performance Establish Key Performance Indicators for each activity. Evaluate the Subcontractors work against Key Performance Indicators. Determine who reviews the Subcontractor evaluations. Acknowledge good performance and act on red flags. Conclusion.